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The Walker Building 1005 N Main Ave 5,728 SF 100% Leased Office Building Gresham, OR 97030 $1,100,000 ($192.04/SF)
INVESTMENT HIGHLIGHTS
- Corner double lot with parking
- Vibrant location- Historic Downtown Gresham
- Renovated in 2023
EXECUTIVE SUMMARY
current tenants on shorter term lease.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$90,000
|
$15.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$90,000
|
$15.71
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,000
|
$1.57
|
| Net Operating Income |
$81,000
|
$14.14
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $90,000 |
| Annual Per SF | $15.71 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $90,000 |
| Annual Per SF | $15.71 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $9,000 |
| Annual Per SF | $1.57 |
| Net Operating Income | |
|---|---|
| Annual | $81,000 |
| Annual Per SF | $14.14 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,728 SF
Building Class
B
Year Built
1923
Price
$1,100,000
Price Per SF
$192.04
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,864 SF
Building FAR
0.39
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
LDR - Commercial/Office/Residential (mixed use)
Parking
18 Spaces (3.14 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Skylights
- Kitchen
- Reception
- Basement
- Central Heating
- Recessed Lighting
- Air Conditioning
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | R253468 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $345,310 (2025) |
PROPERTY TAXES
Parcel Number
R253468
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$345,310 (2025)
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The Walker Building | 1005 N Main Ave
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